News Update

[Margate Football Club]

The Club continues to work on the two options now available to them, to resolve the debt to HM Revenue & Customs by 26th November 2008.

 

The welcome news that supporters of the Club have launched their own appeal to raise funds to assist the Club at this difficult time, was extremely well received. We would very much appreciate any financial help available.

 

The general state of the economy has had a major impact on the Clubs very loyal and supportive sponsors, with over 60% of the Clubs income from these areas withdrawn or cancelled.

 

Moving on to some good news, the Club have made massive forward steps regarding its redevelopment. The planning application for the medical centre submitted on 30 September 2008 has now become live. This followed an issue over the need for further sequential tests which has now been resolved.

 

The Developers have moved forward with the appointment of the Project Quantity Surveyors and the required CDMC Officer. They have set out a programme which requires tenders to be issued by the end of January 2009 with a projected start date of March 2009. This programme is subject to planning consent being granted.

 

The initial design of our new stadium will be a slightly downgraded version, which will be upgraded as the Club moves forward and back in to the Conference. The stadium will have a 5000 capacity when finished. Architects are now working on the revised stadium drawings and these together with a complete update will be available to all supporters at a forum, date to be confirmed.

 

The progress that Generation Sports have made with the Management of the 5 a-side centre has seen usage of the pitches increase to a level which, if it continues, will see the Club receiving a share of the profits as per our agreement with our Developer.

 

It is almost a year since the 5 a-side centre opened but hopefully now, if bookings continue to increase the Club can look to secure regular monthly income, which is what everyone here has worked long and hard for.

 

Up the Gate!

 

[BlueGate Alan]

Thanks for update, hopefully us fans can do our bit too to help.

[Ian_Sanderson]

Best of Luck

[margateshot]

Some positive news at last, and some very welcome light at the end of that very very long tunnel!!!

[Guernsey Tom]

Also shows how important out contributions are to the fighting fund so let us all dig deep and get in those pledges!!

[michael]

You can't say better than that in the current climate.

seems a pretty good effort to me.

 

Not sure where losing 60% of the sponsors applies to as seems to me there has not been much cultivation of any sponsorship in the last 3 years anyway.Excepting Active signs, maybe it is 60% of bugxxr all anyway.

 

If tenders are only being issued by end of jan,there is no chance of project starting in march-but thats me being nitpicking-and what does it matter if it starts in March or June-at least things may be going forward.

 

Very good news re:5-a-sides. Lets hope MFC/Generation sports can keep it up and take it further forward.

 

great stuff, but the big issue remains in a months time-will planning be through and can the club do sufficient to appease HRMC -otherwise the rest all becomes a bit academic.

 

Up the 'Gate

[Boney Crisp]

Are we ever going to stop ammending the plans? However it is pleasing that things seem to be coming along in that department, i really cannot see any problems arising with these plans.

[TonyM]

Very true MM,BUT again if we the TRUE fans of MFC can raise a few quid and show just what the club means to us then that HAS to go a long way,IF every fan can put in

[Ian_Sanderson]

Untill the next time.

[TonyM]

Ian,WHATS the point,if you are that sad,go and see whats on TV...if you have one that is??????or better... go on the ramsgate fourm and talk to youself.

[BlueGate Alan]